UPDATE: DISH Network (DISH) Posts Q1 EPS of 76c
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Brean Capital Bullish After DISH Network's (DISH) 'Decidedly Weak' 1Q
May 12, 2015 6:37 AM EDTBrean Capital reiterates their Buy rating on Dish Network (NASDAQ: DISH), and maintains a price target of $88.00, following 1Q15 results. DISH reported a large subscriber loss of 134,000 vs. a gain of 40,000 in 1Q14. DISH reported a revenue of $3.72B ($50M lower than expected). EBITDA rose 22% to $849M, which was well ahead of the $711M estimate. EPS for the quarter was $0.76, ahead of expectations for $0.37.
Brean Capital analyst, Todd Mitchell, summarized the quarter, saying, "DISH reported... More
